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beatbag

04/22/11 8:45 AM

#3357 RE: Scoutmaster #3356

rofl.. now that's a seriously funny twist of words you made there :D

It says exactly this:

The estimated dividend amount payable to each shareholder of one common stock is $0.06.



This means that per one share a shareholder has, he is supposed to receive $0.06. Not $0.06 per shareholder if they hold at least one share since you can't be "shareholder of 0 common stock". Well you can but surely you won't get anything for it... :D

I'm in doubt whether this will actually happen (and with me probably a whole lot of shareholders if I look at the price action yesterday) but there's no need to try twisting the wording of the pr, imo.

Oh and by the way @ 'Im-Smart-Juan': I understand the comparison you're trying to draw between ADAC and that other company but the PR from ADAC stated they're selling the project in Romania, not the company... I'm also puzzled why you're not all over that other companies board to save the people there...

Anyway, I'd first like to see them pull through on selling the project in Romania before I believe we'll actually receive a dividend... There's still something I don't believe about spending 14M on dividends when you've just received 15M for a project. I'd think there are better things to do with that amount of money. A share buy back for instance. But I wouldn't regret it if they pull through with the dividends off course :).

TEFFY

04/22/11 10:49 AM

#3361 RE: Scoutmaster #3356

Adama Technologies Anticipates a Special Dividend of $0.06 (Six Cents) to Each Shareholder of One Common Stock

This reads 0.06 per share of common stock!

adama1984

04/22/11 6:39 PM

#3389 RE: Scoutmaster #3356

I AM GOING TO LOAD UP "HUGE" NEXT WEEK!!!

Is it July yet? ;-)

GO ADAC!!!